HERIOT REIT LIMITED - Change in nature of an associates holdings of the companys securities

Release Date: 08/08/2017 17:00
Code(s): HET
 
Wrap Text
Change in nature of an associate’s holdings of the company’s securities

HERIOT REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2017/167697/06)
(Approved as a REIT by the JSE)
JSE share code: HET  ISIN: ZAE000246740
(“Heriot” or “the company”)


CHANGE IN NATURE OF AN ASSOCIATE’S HOLDINGS OF THE COMPANY’S SECURITIES

Shareholders are advised that on 8 August 2017 The Gusi Trust (“Gusi Trust”) agreed to dispose of 222 384 168
Heriot ordinary shares (“Heriot shares”) to Heriot Investments Proprietary Limited (“Heriot Investments”) at a 
price of R10.00 per share (for a total value of R2 223 841 680). Both Gusi Trust and Heriot Investments are 
associates of Steven Herring, a director of Heriot. After this transaction, there is no change in the indirect 
beneficial interests of Steven’s interest in Heriot shares. The transaction was conducted off-market and clearance 
to deal was obtained. The effective date of the transaction is 14 August 2017.

8 August 2017

Designated advisor
Java Capital

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